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427 Newburgh Dr, Fayetteville, NC 28311

3 beds • 3 baths • 2658 sqft

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This property looks like a bad Airbnb investment with a projected -10.98% first-year return on $93,201 initial cash invested.

-10.98%

Cash On Cash

3.35%

Cap Rate

0.57

DSCR

$2,665

Rent

-$853

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,665 income − $3,518 expenses = $853 out of pocket

Income$2,665Out of Pocket$853Mortgage P&I$1,74666%Property Taxes$35013%Insurance$1285%HOA$141%Management$40015%CapEx$1074%Maintenance$1074%Other$66625%

Investment Breakdown

|

Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,201

Downpayment

20%

$71,620

Closing costs

1%

$3,581

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,665

Total Expenses

$3,518

Mortgage P&I

66%

$1,746

Property Taxes

13%

$350

Home Insurance

5%

$128

HOA

1%

$14

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

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